GRØNLAND 55 AS

0279 OSLO

Finances

Share Ownership

Return on Equity

15,15 %

Current Ratio

0,07

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 472 000	29 305 000	28 902 000	28 437 000
Net Income	19 410 000	18 426 000	18 590 000	18 249 000
Total Assets	150 914 000	154 208 000	159 348 000	168 671 000
Total Equity	128 150 000	128 885 000	129 437 000	144 446 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 472 000	29 305 000	28 902 000	28 437 000
Expenditure	5 612 000	5 681 000	5 096 000	5 089 000
Operating Profit	24 860 000	23 624 000	23 806 000	23 348 000
Financial Income	25 000	0	28 000	47 000
Financial Costs	0	1 000	0	0
Financial Balance	25 000	−1 000	28 000	47 000
Earnings Before Tax	24 885 000	23 624 000	23 834 000	23 396 000
Tax	5 475 000	5 197 000	5 243 000	5 147 000
Net Income	19 410 000	18 426 000	18 590 000	18 249 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	149 607 000	153 573 000	156 154 000	160 678 000
Total Current Assets	1 306 000	635 000	3 194 000	7 993 000
Total Assets	150 914 000	154 208 000	159 348 000	168 671 000
Total Retained Equity	0	0	0	0
Total Equity	128 150 000	128 885 000	129 437 000	144 446 000
Total Long-Term Debt	3 747 000	3 954 000	4 110 000	4 264 000
Total Current Debt	19 017 000	21 369 000	25 802 000	19 960 000
Total Equity and Debt	150 914 000	154 208 000	159 348 000	168 671 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 472 000	29 305 000	28 902 000	28 437 000
Other Income	0	0	0	0
Revenue	30 472 000	29 305 000	28 902 000	28 437 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	4 606 000	4 544 000	4 524 000	4 524 000
Impairment	0	0	0	0
Expenditure	5 612 000	5 681 000	5 096 000	5 089 000
Operating Profit	24 860 000	23 624 000	23 806 000	23 348 000
Financial Income	25 000	0	28 000	47 000
Financial Costs	0	1 000	0	0
Financial Balance	25 000	−1 000	28 000	47 000
Dividends	0	0	0	0
Net Income	19 410 000	18 426 000	18 590 000	18 249 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	149 607 000	153 573 000	156 154 000	160 678 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	149 607 000	153 573 000	156 154 000	160 678 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	149 607 000	153 573 000	156 154 000	160 678 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 125 000	538 000	3 059 000	7 747 000
Total Current Assets	1 306 000	635 000	3 194 000	7 993 000
Total Assets	150 914 000	154 208 000	159 348 000	168 671 000
Total Equity	128 150 000	128 885 000	129 437 000	144 446 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 747 000	3 954 000	4 110 000	4 264 000
Creditors	247 000	1 043 000	710 000	137 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	18 770 000	20 326 000	25 091 000	19 824 000
Total Current Debt	19 017 000	21 369 000	25 802 000	19 960 000
Total Equity and Debt	150 914 000	154 208 000	159 348 000	168 671 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,15 %	14,3 %	14,36 %	12,63 %
Debt-to-Equity Ratio	0,03	0,03	0,03	0,03
Operating Profit Margin	81,58 %	80,61 %	82,37 %	82,1 %
Current Ratio	0,07	0,03	0,12	0,4
Quick Ratio	0,07	0,03	0,12	0,4
Equity Ratio	0,85	0,84	0,81	0,86
Gross Profit Margin	100 %	100 %	100 %	100 %